re: Ann: Unilife - Earnings Release Conferenc... IMO it has to be a short cover scam orchestrated at the highest levels. Unfortunately we'll never know or be able to prove anything either way.
I'm suggesting short covering to shorters so % shorts will stay relatively unchanged. Retailers who trade get sucker punched once again. Not saying this happens or anything!!
It was into the very low 50's less than 2 weeks ago but not enough volume for the shorts to cover successfully without it heading up - which it did slowly.
Look at it - wow - will never be investigated.
Kudas to the large insto shorters on this one.
Cannot believe people have actually sold today based on an article that just printed what was previously well known anyway with a little bit of fluffy journalism thrown in for good measure. But it worked.
Bet ya Forbes will re-edit prior to hard print.
Ann: Unilife - Earnings Release Conference Call (, page-113
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